The Duckhorn Portfolio, Inc. (NYSE:NAPA) Given Average Recommendation of “Hold” by Brokerages

The Duckhorn Portfolio, Inc. (NYSE:NAPA) has received an average recommendation of “Hold” from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $10.01.

Several equities research analysts have commented on NAPA shares. Barclays upped their price target on shares of Duckhorn Portfolio from $6.00 to $11.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Royal Bank of Canada lowered shares of Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $11.00 to $11.10 in a report on Friday, October 11th. Finally, Jefferies Financial Group lowered shares of Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 target price on the stock. in a research report on Friday, December 6th.

Duckhorn Portfolio Stock Performance

Duckhorn Portfolio stock opened at $11.09 on Friday. Duckhorn Portfolio has a 52 week low of $5.38 and a 52 week high of $11.11. The company has a quick ratio of 0.61, a current ratio of 3.73 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 11.35 and a beta of 0.03. The stock has a 50-day moving average price of $11.06 and a 200 day moving average price of $8.82.

Hedge Funds Weigh In On Duckhorn Portfolio

Institutional investors have recently added to or reduced their stakes in the stock. DekaBank Deutsche Girozentrale purchased a new position in shares of Duckhorn Portfolio during the 3rd quarter worth $31,000. Barnett & Company Inc. acquired a new stake in Duckhorn Portfolio during the third quarter worth about $73,000. CTC Alternative Strategies Ltd. purchased a new position in Duckhorn Portfolio during the third quarter worth about $74,000. Intech Investment Management LLC acquired a new position in Duckhorn Portfolio in the 3rd quarter valued at about $86,000. Finally, ZWJ Investment Counsel Inc. purchased a new stake in shares of Duckhorn Portfolio in the 3rd quarter valued at approximately $88,000.

About Duckhorn Portfolio

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.